Businesses For Sale Network in California - San Francisco Bay Area/ Remodeled RNM Restaurant/Bar in Desirable Corner Location NEW PRICE REDUCTION
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Listing View: Remodeled RNM Restaurant/Bar in Desirable Corner Location NEW PRICE REDUCTION - San Francisco, California


Remodeled Rnm Restaurant/bar In Desirable Corner Location New Price Reduction
San Francisco, California

Offered at:
$160,000

Office Listing #   RECENTLY SOLD - 1511
Revenue: Contact For Info
Cash Flow: Contact For Info
Lease Rent: Negotiable
Square Feet: 1,850 + Mezanine

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 Listing Description

This uniquely located corner location in the desirable lower Haight Street District has been totally remodeled at a cost of $600,000. The restaurant has been tastefully designed and has wood floors, a large glass frontage, tall ceilings, a display kitchen, attractive bar with stainless steel top, and a combination of counter seating, tables and chairs and banquette seating. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, 3' x 4' flat grill, 6 burners over oven, 2' x' 3' chargrill, double basket fryer, 4 burners, 3 glass door undercounter refrigerator, ice bin, 2 hand sinks, slicer, mop sink, 6 taps, 2 door + 2 drawer undercounter refrigerator + sandwich station, 4 deck pizza oven, Aloha POS system with 3 terminals and 4 printers,1 door undercounter refrigerator, 1 door undercounter freezer, convection oven, 3 compartment sink + rinse hose, utility sink, full door glass refrigerator, music system, floor model mixer, walkin refrigerator, 6 employee lockers, flat screen TV, etc. There is also a separate delivery area, garbage room, storage areas, office and 2 ADA restrooms. Although the restaurant recently closed and was open for dinner only 5 days a week the past sales history were as follows: 2010 projected based on first 5 months would be $780,000, 2009 sales were $794,464 and 2008 sales were $925,377. There is upside for a new concept with increased hours and two additional days week of operations. The landlord will negotiate a new long term lease at current market rent. The ABC license allows serving alcohol with food sales only between the hours of noon and midnight seven days a week. This condition cannot be changed until the operator closes escrow and there is no guarantee that the buyer can change this condition.

General Information
Contact Information
Organization:   LLC
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   49+ Mezanine seating
Square Foot/Size:   1,850 + Mezanine
Parking:   Street
License(s) Required:   Business, ABC Type 47 (hard liquor)
Reason For Sale:   Other interests
     
Financial Information
Revenue:   Contact For Info
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   Negotiable
Lease Expiration:   Negotiable
Yearly Adjustment:   Negotiable
Lease Option:   Negotiable
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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